$900,000
$895,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/29/2024
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Rancho El Dorado 1-26, 36-44
MLS Listing ID 6665930
Sold Date 03/29/24
Maintenance Fees $2,200
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1974
Annual Tax Amount $1,977
Tax Year 2023
Lot Dimensions 124x70
Property Description
Discover an exceptional investment opportunity with this fully renovated 4plex in the heart of Tempe, Arizona. This turnkey property boasts a consistent rental history, featuring four fully occupied two-bedroom, one-bath units. Three of the units were extensively renovated in 2018, showcasing modern maple cabinetry, elegant quartz countertops, stainless steel appliances, contemporary fixtures, new sinks, upgraded flooring, and fresh paint throughout. Unit D received a complete makeover in 2023, with sleek white shaker cabinetry, quartz countertops, brand-new stainless steel appliances, fully updated bathrooms, and chic wood-tile flooring. The exterior has been enhanced with a fresh coat of paint in 2023, and the parking lot has been redone, ensuring a well-maintained appearance. Situated in a desirable area of Tempe, this fourplex is conveniently located near shopping, dining, and entertainment options. Its proximity to Arizona State University (ASU) makes it an attractive choice for students and faculty, ensuring a consistent demand for rental units. ** each unit is individually metered!
Location
State AZ
County Maricopa
Community Rancho El Dorado 1-26, 36-44
Zoning R-4
Interior
Heating Electric
Cooling Central A/C
Flooring Ceramic Tile
Appliance F/S Oven/Range, Washer/Dryer
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Individual Meter
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 132-67-039-C
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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